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The Corona Virus (COVID19) pandemic has led to a general increase in the price level in...

The Corona Virus (COVID19) pandemic has led to a general increase in the price level in Ghana. Briefly discuss how this may affect the economy’s level of real output. b) Explain how price stickiness is related to the aggregate expenditure model c) Why, in general, do shocks force people to make changes? Illustrate using your own experience.

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Rahul Sunny answered 2 years ago
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